N1X chip sparks broad software stock rally as IBM, ARM, HP jump
TL;DR Summary
Premarket software shares rise after Nvidia unveils the N1X PC chip (made with Microsoft), fueling a broad rally led by ServiceNow with about a 14% gain, followed by IBM, Hewlett Packard, and ARM as investors bet on a reinvention of the PC era.
- Arm, IBM and Hewlett Packard soar as Nvidia chip 'reinvention' extends software rally CNBC
- Microsoft debuts Nvidia-powered Microsoft Surface Ultra laptop Axios
- NVIDIA and Microsoft Reinvent Windows PCs for the Age of Personal AI NVIDIA Newsroom
- Nvidia debuts RTX Spark processor for Windows laptops, taking aim at Intel, AMD Yahoo Finance
- Intel and AMD shares fall more than Nvidia rises on new PC superchip MarketWatch
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